405 Shearer St, Palmer, MA 01069
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$700,000
1.13 Acre
Commercial
1 Lot
Zoning: N/A
HOA: N/A

Property Description

Perfect for investors or savvy buyers, this highly visible 1.13-acre parcel offers exceptional frontage—approximately 580 +/- feet—on both Thorndike Street (Route 32) and Shearer Street, with seamless access to Route 181 and the MA Pike. Zoned for Highway Business, the lot presents a wide range of development possibilities (see attached documents for permitted, special permit, and site plan approval uses). In 2023, the site was approved for an Adult Use Cannabis Establishment, and owners are willing to share conceptual drawings and site plans upon request. A land lease may also be considered. Buyers should perform their own due diligence with the Town of Palmer regarding permits and approvals.

Property Details tap to expand

Land Information

  • Land Description: Cleared|Corner|Fill Needed|Level
  • Amenities: Conservation Area, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, Stables, Swimming Pool, Tennis Court, Walk/Jog Trails
  • Improvements: Lot Staked, Rough Graded
  • Road Type: Paved, Public, Publicly Maint., State Road

Utilities

  • Water: Community Well, Public
  • Sewer: Inspection Required for Sale, Public
  • Electric Info: 220 Volts, At Street
  • Gas: At Street

Other Information

  • Last Updated: 07/01/25
  • Documents on File: Association Financial Statements, Building Permit, Feasibility Study, Floor Plans, Investment Analysis, Land Survey, Legal Description, Master Deed, Site Plan
  • PERC Test: No
  • HOA: No
  • Reqd Own Association: Unknown

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/01/2025New$700,000MLSPIN
07/01/2025Expired$700,000MLSPIN
04/07/2025Active$700,000MLSPIN
04/03/2025Back on Market$700,000MLSPIN
02/06/2025Under Agreement$700,000MLSPIN
01/03/2025Active$700,000MLSPIN
12/30/2024Extended$700,000MLSPIN
12/15/2024Active$700,000MLSPIN
12/11/2024Price Change$700,000MLSPIN
09/29/2024Active$725,000MLSPIN
09/25/2024New$725,000MLSPIN
09/23/2024Expired$725,000MLSPIN
08/05/2024Active$725,000MLSPIN
08/01/2024Price Change$725,000MLSPIN
06/29/2024Active$799,990MLSPIN
06/25/2024New$799,990MLSPIN
06/22/2024Expired$800,000MLSPIN
03/25/2024Active$800,000MLSPIN
03/21/2024New$800,000MLSPIN

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Seller's Representative: Scott Fontaine, eXp Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-07-01 11:03:00